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Mobile Security Market Comprehensive Research Study, Opportunity Analysis, Future Estimations, Industry Set for Rapid Growth and Trends by Forecast to 2022

The increasing advancement in network technology has positive impact on the growth of mobile device market
Published 22 December 2017
Mobile Security Global Market Overview:
The increasing advancement in network technology has positive impact on the growth of mobile device market. However, the speed at which mobile technology is growing has also bring security question in the notice. Currently, due to increasing cyber-attacks and data loss, personal & corporate and IT organization are investing heavily to protect their confidential data. To provide mobile data security, many companies such as Apple, Microsoft, IBM, AVG technologies, among others offers wide range of innovative products to the consumer. For instance, IBM Corporation, a leading technology service provider, offers an integrated mobile security solution named “IBM MaaS360 family”.
 
This solution is capable to protect mobile devices from corporate-owned assets to BYOD from unauthorized access and data leakage. It also identifies mobile security trends to quickly address potential threats. Further, Symantec, the leading provider of cyber security solutions, offers advanced encryption, authentication, data loss prevention and threat protection technologies for mobile devices. Symantec has more than 2,000 global patents and 50 million customers worldwide. Recently, in October 2017, Symantec introduced end point security solution for cloud technology capable of delivering security to mobile threat. These increasing product innovation by technology giants are expected to rise the global market of mobile security in coming years.
 
The Global Mobile Security Market is expected to be a very dynamic market and is expected to witness high growth in the coming years. Increasing use of mobile devices for daily activities and transactions, data loss and privacy concern are some of the factors driving the market. However, lack of awareness about internal and external threats and availability of malicious software are some of the factors hampering the market growth.
 
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Major Key Players:
Symantec Corporation (U.S.), Microsoft Corporation (U.S.), Google Inc. (U.S.), IBM Corporation (U.S.), AVG Technologies (Netherlands), Intel security group (U.S.), Kaspersky Lab (Russia), Apple Inc. (U.S.), AT&T Inc. (U.S.), and Verizon Communication Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Mobile Security Market.
 
Industry News:
 
September 2017 – Harman International announced its collaboration with IBM Corporation, G+D mobile security, and Irdeto to develop a multi-vendor automotive cyber security services for OEMs and fleet managers.
 
May 2017 – Kaspersky Lab launched threat intelligence portal to help businesses in getting access to relevant threat information, and cyber intelligence. This portal is expected to improve the incident response times and forensic capabilities by providing meaningful information about the threats.
 
December 2017 – Aircel, an Indian mobile operator partnership with Avast technologies to launch mobile data security solutions for domestic market. This partnership is expected to benefit more than 80 million Aircel subscriber in the local market.
 
Mobile Security Global Market- Competitive Analysis
Bitdefender, Intel, Kaspersky, Symantec Corporation, IBM, Apple and AVG Technologies are some well-known security service provider for connected devices such as mobile, laptops and PCs. To maintain their market position and to drive the market growth, they are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
 
Mobile Security Global Market- Segmentation
The Mobile Security Market can be classified into 4 key segments as follows:
 
Segmentation by Solution: Software and Services.
 
Segmentation by Method: Multi-factor authentication, containerized deployment, and data encryption.
 
Segmentation by End-User: Consumer Electronics, Healthcare, Telecommunication, education and government, aerospace & Defence, and BFSI.
 
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
 
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Mobile Security Global Market- Regional Analysis
The global Mobile Security market is estimated to grow at a promising rate in upcoming years. North America is the leading region among Europe, Asia-Pacific and Middle East & Africa.  Increasing technology adoption and developed mobile network infrastructure are the major growth drivers of North America region.
 
Asia-Pacific is expected to grow with fastest growing mobile security market due to improving network infrastructure and data encryption services market in the region. However Middle East & Africa is showing slow growth rate during forecast period 2017-2023.
 
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
 
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